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Sykes Enterprises, Incorporated (NASDAQ:SYKE) announced new management changes this morning, and RW Baird views these changes as logical. The firm also views the stock’s risk/reward ratio remaining attractive, and it keeps its Outperform rating on the stock.
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SPX Corporation (NYSE:SPW) price target has been increased by Morgan Stanley due to strong group performance. Shares have an Overweight rating.
Fluor Corporation (NYSE:FLR): According to Sterne Agee, Fluor may see benefits from significant petrochemical activity within the U.S. The firm keeps its Buy rating and a $75 target on the stock.
AK Steel Holding Corporation (NYSE:AKS) preannounced lower Q3 EPS than was previously expected, causing Wells Fargo to think that the company will be saved by the falling prices of iron ore and coal. The firm believes that the trend will raise the company’s earnings leverage entering 2013, and it keeps its Outperform rating on the stock.
Time Warner Inc. (NYSE:TWX) price target saw an increase to $105 from $98 by UBS.
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